HSBC Focused Fund
HSBC Mutual Fund · Focused · Direct plan, growth option
NAV (₹), 2 Oct 2026
28.4632
1-day change
-0.99%
1Y return
5.7%
3Y CAGR
13.5%
5Y CAGR
11.7%
Max drawdown, 5Y
−21.2%
NAV history month-end NAV, ₹ · 29 Jul 2020 to 1 Oct 2026
Returns vs Focused median (28 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.8% | -5.8% |
| 3 months | 0.4% | -3.4% |
| 6 months | 13.7% | 10.4% |
| Year to date | 1.6% | -3.8% |
| 1 year | 5.7% | -0.2% |
| 3 years (CAGR) | 13.5% | 11.1% |
| 5 years (CAGR) | 11.7% | 10.8% |
| 7 years (CAGR) | n/a | 15.3% |
| 10 years (CAGR) | n/a | 13.1% |
| Since first NAV (CAGR) | 18.5% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 12.9% | 12.7% |
| 3Y rolling median | 18.6% | 16.7% |
| 3Y rolling worst | 11.2% | 5.5% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | 99% | 75% |
| 5Y rolling median | 15.4% | 15.7% |
| 5Y rolling worst | 11.7% | 3.7% |
| 5Y periods ahead of benchmark | 100% | 94% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 17.1% | 15.4% |
| Sharpe ratio | 0.47 | 0.38 |
| Sortino ratio | 0.68 | 0.55 |
| Beta | 1.02 | 0.94 |
| Alpha (ann.) | 4.6% | 2.6% |
| Upside capture | 116.31 | 102.75 |
| Downside capture | 95.87 | 94.28 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −21.2% | −34.1% |
| Maximum drawdown, last 10Y | n/a | −36.7% |
| Maximum drawdown, last 5Y | −21.2% | −19.6% |
| Current drawdown | −6.3% | −7.9% |
| Recovery time of worst fall | 355 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.08% | 1.14% |
| AUM, whole scheme (₹ crore) | 1,751 | 2,407 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 8.2% | -2.0% TRI |
| Return, 3 years (AMFI) | 13.9% | 9.5% TRI |
| Return, 5 years (AMFI) | 11.0% | 9.0% TRI |
| Month-ends above category median (3Y CAGR) | 72% | 48% median |
| Month-ends in category top quartile (3Y) | 3% | 21% median |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Focused Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 1.6% | -7.8% | +9.4% |
| 2025 | 3.0% | 7.7% | −4.7% |
| 2024 | 24.3% | 15.6% | +8.7% |
| 2023 | 30.9% | 26.5% | +4.4% |
| 2022 | -0.4% | 3.8% | −4.2% |
| 2021 | 31.9% | 30.6% | +1.3% |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,664 | 5.7% |
| 3 years | ₹3,60,000 | ₹4,06,084 | 8.0% |
| 5 years | ₹6,00,000 | ₹8,17,390 | 12.3% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HSBC Mutual Fund
Category: Focused
Plan / option: Direct · Growth
AMFI scheme code: 148411
ISIN: INF336L01PB2
First NAV in MFIC data: 29 Jul 2020
History: 6.2 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Franklin India Multi Cap Fund | Multi Cap | 0.98 | n/a |
| PGIM India Multi Cap Fund | Multi Cap | 0.97 | n/a |
| WhiteOak Capital Multi Cap Fund | Multi Cap | 0.97 | 17.2% |
| Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund | ELSS | 0.97 | 9.3% |
| WhiteOak Capital Special Opportunities Fund | Sectoral/Thematic | 0.97 | n/a |
| BANDHAN INNOVATION FUND | Sectoral/Thematic | 0.97 | n/a |
Questions about HSBC Focused Fund
- What is the latest NAV of HSBC Focused Fund?
- The NAV of the Direct plan (growth option) was ₹28.4632 on 2 Oct 2026, as published by AMFI.
- Which category is HSBC Focused Fund in?
- It is classified as Focused in AMFI's daily NAV file; a Focused scheme holds at most 30 stocks. MFIC compares it with 28 Focused schemes (Direct plans).
- What returns has HSBC Focused Fund delivered?
- Over one year the NAV changed by 5.7%. The 3-year CAGR is 13.5% (category median 11.1%) and the 5-year CAGR is 11.7% (category median 10.8%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 18.6%, the lowest was 11.2%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 99% of those periods.
- What was the largest fall in HSBC Focused Fund's NAV?
- The largest peak-to-trough fall in its available history was 21.2%; within the last five years it was 21.2% (category median 19.6%).
- How volatile is HSBC Focused Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 17.1%, which is above the Focused category median of 15.4%.
- What would a monthly SIP in HSBC Focused Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹8,17,390 on 2 Oct 2026, an annualised return (XIRR) of 12.3%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of HSBC Focused Fund?
- The total expense ratio of the Direct plan is 1.08% a year, as disclosed to AMFI (median of Focused Direct plans: 1.14%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HSBC Focused Fund?
- Assets under management of the whole scheme were ₹1,751 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HSBC Focused Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HSBC Focused Fund and how has it compared?
- Its official benchmark is the Nifty 500 TRI. Over 3 years AMFI reports a return of 13.9% for this plan against 9.5% for the benchmark total return index; over 5 years 11.0% against 9.0%. Past performance does not indicate future results.
- How often has HSBC Focused Fund beaten its category?
- At 72% of the 39 month-ends compared over the last 10 years, its 3-year return was above the median of Focused schemes (Direct plans); it was in the top quarter at 3% of them. A typical scheme would show about 50%.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.7% and the Regular plan's by 4.5%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.